2004 JAMB UTME Accounts Past Questions

2004

The market value of goods produced is?

2004

Use the information below to answer the question.Materials consumed...................₦16,600 Direct cost..........................₦5,400 Factory rent.........................₦2,300 Factory lighting...................…

2004

Cost classification in relation to charges is determined by the level of?

2004

What is the figure for purchases?

2004

Use the information below to answer the question.Beginning inventory............N? Purchases......................N? Ending inventory...............₦4,800 Sales..........................₦12,800 Wages.................…

2004

In converting single entry to final account, the balancing figures on the income and expenses accounts are transferred to the?

2004

Given:General expenses account.Paid by cheque..................₦671Paid by cash....................₦70Accrued b/f.....................₦65Accrued c/f.....................₦115Determine how much to be charged to profit and…

2004

The beginning and ending accounts receivable balances were ₦20,000 and ₦30,000 respectively.The collection from customers during the period was ₦70,000. What was the total sale on account?

2004

In a sales ledger, contra entry is found on the?

2004

Use the information below to answer the question:Opening balance.............................₦10,640 Purchases...................................₦26,912 Returns inwards.............................₦492 Returns outward…

2004

The balancing figure in the purchases ledger control account is?

2004

Where closing stock is undervalued, the effect is?

2004

Given:Rates paid during the year amounted to ₦2,250 at ₦125 per month and 1,035 was paid for electricity in the same period at ₦115 per month.Determine the amount of prepaid rates?

2004

The balance on the provision for depreciation account is?

2004

Zakari started a business in January 2000. He bought a shop costing ₦54,000 and stock worth ₦7,600. Profit for the year amounted to 22,100. His closing capital was ₦73,800.Zakari's personal drawings amounted to?

2004

The imprest account is subsidiary to the?

2004

The receipt whose name appears on a cheque is called a?

2004

A debit in the suspense accounting will appear in the balance sheet as?

2004

2004 JAMB UTME Accounts Past Questions

The market value of goods produced is?

Use the information below to answer the question.Materials consumed...................₦16,600 Direct cost..........................₦5,400 Factory rent.........................₦2,300 Factory lighting...................…

Cost classification in relation to charges is determined by the level of?

What is the figure for purchases?

Use the information below to answer the question.Beginning inventory............N? Purchases......................N? Ending inventory...............₦4,800 Sales..........................₦12,800 Wages.................…

In converting single entry to final account, the balancing figures on the income and expenses accounts are transferred to the?

Given:General expenses account.Paid by cheque..................₦671Paid by cash....................₦70Accrued b/f.....................₦65Accrued c/f.....................₦115Determine how much to be charged to profit and…

The beginning and ending accounts receivable balances were ₦20,000 and ₦30,000 respectively.The collection from customers during the period was ₦70,000. What was the total sale on account?

In a sales ledger, contra entry is found on the?

Use the information below to answer the question:Opening balance.............................₦10,640 Purchases...................................₦26,912 Returns inwards.............................₦492 Returns outward…

The balancing figure in the purchases ledger control account is?

Where closing stock is undervalued, the effect is?

Given:Rates paid during the year amounted to ₦2,250 at ₦125 per month and 1,035 was paid for electricity in the same period at ₦115 per month.Determine the amount of prepaid rates?

The balance on the provision for depreciation account is?

Zakari started a business in January 2000. He bought a shop costing ₦54,000 and stock worth ₦7,600. Profit for the year amounted to 22,100. His closing capital was ₦73,800.Zakari's personal drawings amounted to?

The imprest account is subsidiary to the?

The receipt whose name appears on a cheque is called a?

A debit in the suspense accounting will appear in the balance sheet as?

The rule of accounting equation requires that account payable should be placed under?

A source document is used for verifying the?